BRILLIANTLY EXPLAINED
This
rather brilliantly cuts thru all the political doublespeak we get.
It puts it
into a much better perspective.
Lesson # 1:
*
U.S. Tax revenue:
$2,170,000,000,000
* Fed budget: $3,820,000,000,000
* New debt: $
1,650,000,000,000
* National debt:
$14,271,000,000,000
* Recent budget cuts: $ 38,500,000,000
Let's now
remove 8 zeros and pretend it's a household budget:
*
Annual family income: $21,700
* Money the family spent: $38,200
* New debt
on the credit card: $16,500
* Outstanding balance on the credit card:
$142,710
* Total budget cuts so far: $3.85
Got It
?????
OK,
now Lesson # 2: Here's another way to look at the Debt Ceiling:
Let's
say, You come home from work and find there has been a sewer backup in your
neighborhood....and your home has sewage all the way up to your
ceilings.
What do you think you should do ......
Raise the
ceilings, or get rid of the shit?
Your choice is coming November 6,
2012.